ICICI Prudential Nifty 50 Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹11,115 Cr
Expense Ratio
0.17%
ISIN
INF109K012M7
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹258.93, Assets Under Management (AUM) of 11115.37 Crores, and an expense ratio of 0.17%.
- ICICI Prudential Nifty 50 Index Fund Direct Growth has given a CAGR return of 14.08% since inception.
- The fund's asset allocation comprises around 99.85% in equities, 0.00% in debts, and 0.15% in cash & cash equivalents.
- You can start investing in ICICI Prudential Nifty 50 Index Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+25.69%
— (Cat Avg.)
3 Years
+13.82%
— (Cat Avg.)
5 Years
+18.71%
— (Cat Avg.)
10 Years
+12.82%
— (Cat Avg.)
Since Inception
+14.08%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹11,098.19 Cr | 99.85% |
| Others | ₹17.18 Cr | 0.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,268.38 Cr | 11.01% |
| Reliance Industries Ltd | Equity | ₹1,050.76 Cr | 9.12% |
| ICICI Bank Ltd | Equity | ₹889.75 Cr | 7.72% |
| Infosys Ltd | Equity | ₹722.28 Cr | 6.27% |
| ITC Ltd | Equity | ₹477.03 Cr | 4.14% |
| Tata Consultancy Services Ltd | Equity | ₹474.59 Cr | 4.12% |
| Larsen & Toubro Ltd | Equity | ₹445.38 Cr | 3.86% |
| Bharti Airtel Ltd | Equity | ₹437.25 Cr | 3.79% |
| Axis Bank Ltd | Equity | ₹343.71 Cr | 2.98% |
| State Bank of India | Equity | ₹321.99 Cr | 2.79% |
| Mahindra & Mahindra Ltd | Equity | ₹279.94 Cr | 2.43% |
| Kotak Mahindra Bank Ltd | Equity | ₹269.5 Cr | 2.34% |
| Hindustan Unilever Ltd | Equity | ₹255.17 Cr | 2.21% |
| Tata Motors Ltd | Equity | ₹239.86 Cr | 2.08% |
| Bajaj Finance Ltd | Equity | ₹206.33 Cr | 1.79% |
| NTPC Ltd | Equity | ₹203.44 Cr | 1.77% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹202.34 Cr | 1.76% |
| HCL Technologies Ltd | Equity | ₹190.89 Cr | 1.66% |
| Maruti Suzuki India Ltd | Equity | ₹168.49 Cr | 1.46% |
| Power Grid Corp Of India Ltd | Equity | ₹158.19 Cr | 1.37% |
| Titan Co Ltd | Equity | ₹153.04 Cr | 1.33% |
| Asian Paints Ltd | Equity | ₹145.02 Cr | 1.26% |
| UltraTech Cement Ltd | Equity | ₹134.27 Cr | 1.16% |
| Oil & Natural Gas Corp Ltd | Equity | ₹132.7 Cr | 1.15% |
| Tata Steel Ltd | Equity | ₹129.48 Cr | 1.12% |
| Bajaj Auto Ltd | Equity | ₹125.13 Cr | 1.09% |
| Coal India Ltd | Equity | ₹123.14 Cr | 1.07% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹111.97 Cr | 0.97% |
| Tech Mahindra Ltd | Equity | ₹107.01 Cr | 0.93% |
| Hindalco Industries Ltd | Equity | ₹105.39 Cr | 0.91% |
| Grasim Industries Ltd | Equity | ₹102.38 Cr | 0.89% |
| Bajaj Finserv Ltd | Equity | ₹99.58 Cr | 0.86% |
| IndusInd Bank Ltd | Equity | ₹97.05 Cr | 0.84% |
| JSW Steel Ltd | Equity | ₹92.34 Cr | 0.80% |
| Nestle India Ltd | Equity | ₹91.78 Cr | 0.80% |
| Shriram Finance Ltd | Equity | ₹91.7 Cr | 0.80% |
| Cipla Ltd | Equity | ₹89.36 Cr | 0.78% |
| Dr Reddy's Laboratories Ltd | Equity | ₹88.09 Cr | 0.76% |
| SBI Life Insurance Co Ltd | Equity | ₹85.79 Cr | 0.74% |
| Adani Enterprises Ltd | Equity | ₹81.44 Cr | 0.71% |
| Tata Consumer Products Ltd | Equity | ₹80.63 Cr | 0.70% |
| HDFC Life Insurance Co Ltd | Equity | ₹80.1 Cr | 0.69% |
| Wipro Ltd | Equity | ₹78.21 Cr | 0.68% |
| Hero MotoCorp Ltd | Equity | ₹72.93 Cr | 0.63% |
| Bharat Petroleum Corp Ltd | Equity | ₹71.83 Cr | 0.62% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹71.73 Cr | 0.62% |
| Britannia Industries Ltd | Equity | ₹71.09 Cr | 0.62% |
| Eicher Motors Ltd | Equity | ₹69.92 Cr | 0.61% |
| Divi's Laboratories Ltd | Equity | ₹66.78 Cr | 0.58% |
| LTIMindtree Ltd | Equity | ₹58.14 Cr | 0.50% |
| Treps | Cash - Repurchase Agreement | ₹14.27 Cr | 0.12% |
| Net Current Assets | Cash | ₹-2.49 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
98.52%
Mid Cap Stocks
0.65%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹3,753.89 Cr | 32.57% |
| Technology | ₹1,631.13 Cr | 14.15% |
| Energy | ₹1,459.87 Cr | 12.67% |
| Consumer Cyclical | ₹1,109.3 Cr | 9.63% |
| Consumer Defensive | ₹975.69 Cr | 8.47% |
| Basic Materials | ₹708.87 Cr | 6.15% |
| Industrials | ₹557.35 Cr | 4.84% |
| Healthcare | ₹518.3 Cr | 4.50% |
| Communication Services | ₹437.25 Cr | 3.79% |
| Utilities | ₹361.62 Cr | 3.14% |
Risk & Performance Ratios
Standard Deviation
This fund
12.20%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.73
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Nishit Patel
Since January 2021
Priya Sridhar
Since February 2024
Ajaykumar Solanki
Since February 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF109K012M7 | Expense Ratio | 0.17% | Exit Load | No Charges | Fund Size | ₹11,115 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹557.25 Cr | 47.3% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹557.25 Cr | 46.4% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹437.60 Cr | 59.6% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹626.67 Cr | 46.7% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1787.49 Cr | 37.6% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1087.34 Cr | 52.8% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹626.67 Cr | 47.5% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹437.60 Cr | 60.5% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1787.49 Cr | 38.4% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1087.34 Cr | 51.9% |
About the AMC
Total AUM
₹8,56,645 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the ICICI Prudential Nifty 50 Index Fund Direct Growth?
- Nishit Patel
- Priya Sridhar
- Ajaykumar Solanki
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